KLSE:ASIAFLE

Stock Analysis Report

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Executive Summary

Asia File Corporation Bhd., an investment holding company, engages in the manufacturing and marketing of filing and stationery products in Malaysia. More Details


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

How has Asia File Corporation Bhd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASIAFLE is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ASIAFLE's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-3.8%

ASIAFLE

-6.9%

MY Commercial Services

-0.6%

MY Market


1 Year Return

17.3%

ASIAFLE

135.3%

MY Commercial Services

10.5%

MY Market

Return vs Industry: ASIAFLE underperformed the MY Commercial Services industry which returned 144.4% over the past year.

Return vs Market: ASIAFLE exceeded the MY Market which returned 10.2% over the past year.


Shareholder returns

ASIAFLEIndustryMarket
7 Day-3.8%-6.9%-0.6%
30 Day5.5%7.4%1.8%
90 Day15.0%35.4%-0.6%
1 Year17.3%17.3%138.9%135.3%14.1%10.5%
3 Year-11.3%-19.9%184.8%168.4%-1.2%-10.2%
5 Year-38.7%-49.8%200.9%164.3%12.2%-6.3%

Long-Term Price Volatility Vs. Market

How volatile is Asia File Corporation Bhd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Asia File Corporation Bhd undervalued compared to its fair value and its price relative to the market?

18.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ASIAFLE (MYR2.35) is trading below our estimate of fair value (MYR2.83)

Significantly Below Fair Value: ASIAFLE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ASIAFLE is good value based on its PE Ratio (13.7x) compared to the MY Commercial Services industry average (25.1x).

PE vs Market: ASIAFLE is good value based on its PE Ratio (13.7x) compared to the MY market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ASIAFLE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASIAFLE is good value based on its PB Ratio (0.7x) compared to the MY Commercial Services industry average (1.3x).


Next Steps

Future Growth

How is Asia File Corporation Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.9%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Asia File Corporation Bhd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Asia File Corporation Bhd performed over the past 5 years?

-14.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASIAFLE has high quality earnings.

Growing Profit Margin: ASIAFLE's current net profit margins (13.2%) are higher than last year (13.1%).


Past Earnings Growth Analysis

Earnings Trend: ASIAFLE's earnings have declined by 14.3% per year over the past 5 years.

Accelerating Growth: ASIAFLE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ASIAFLE had negative earnings growth (-18.3%) over the past year, making it difficult to compare to the Commercial Services industry average (-19.7%).


Return on Equity

High ROE: ASIAFLE's Return on Equity (5.2%) is considered low.


Next Steps

Financial Health

How is Asia File Corporation Bhd's financial position?


Financial Position Analysis

Short Term Liabilities: ASIAFLE's short term assets (MYR401.0M) exceed its short term liabilities (MYR50.1M).

Long Term Liabilities: ASIAFLE's short term assets (MYR401.0M) exceed its long term liabilities (MYR16.9M).


Debt to Equity History and Analysis

Debt Level: ASIAFLE's debt to equity ratio (3.5%) is considered satisfactory.

Reducing Debt: ASIAFLE's debt to equity ratio has reduced from 7.1% to 3.5% over the past 5 years.

Debt Coverage: ASIAFLE's debt is well covered by operating cash flow (231.9%).

Interest Coverage: ASIAFLE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Asia File Corporation Bhd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ASIAFLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ASIAFLE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ASIAFLE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ASIAFLE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ASIAFLE is not paying a notable dividend for the MY market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ASIAFLE's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.0yrs

Average management tenure


CEO

Soon Lim (63 yo)

no data

Tenure

RM1,139,000

Compensation

Mr. Lim Soon Huat serves as the Chief Executive Officer of Asia File Products Sdn. Bhd. Mr. Lim has been the Non-Independent Executive Chairman of Asia File Corporation Bhd., since July 16, 2001 and serves...


CEO Compensation Analysis

Compensation vs Market: Soon's total compensation ($USD280.70K) is above average for companies of similar size in the MY market ($USD143.88K).

Compensation vs Earnings: Soon's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Soon Lim
Non-Independent Executive Chairmanno dataRM1.14m46.72%
MYR 213.8m
Phaik Goh
Chief Financial Officerno datano data0.85%
MYR 3.9m
Chin Lim
Business Operation Managerno datano datano data
Rodney Martin
Managing Director of Premier Stationery Limited24.17yrsno datano data
Hubertus Rohe
Managing Director of Plastoreg Smidt GmbH18.17yrsno datano data
Yit Chan Tai
Joint Secretary9.83yrsno datano data
Tze-En Ong
Joint Secretary9.83yrsno datano data

14.0yrs

Average Tenure

61yo

Average Age

Experienced Management: ASIAFLE's management team is seasoned and experienced (14 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Soon Lim
Non-Independent Executive Chairmanno dataRM1.14m46.72%
MYR 213.8m
Voon Lam
Independent Non-Executive Director8.75yrsRM40.00kno data
Nurjannah Binti Ali
Independent Non-Executive Director21.92yrsRM40.00kno data
Chin Ng
Senior Independent Non-Executive Director8.67yrsRM48.00kno data

14.2yrs

Average Tenure

62yo

Average Age

Experienced Board: ASIAFLE's board of directors are seasoned and experienced ( 14.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Asia File Corporation Bhd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asia File Corporation Bhd.
  • Ticker: ASIAFLE
  • Exchange: KLSE
  • Founded: 1994
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: RM457.684m
  • Shares outstanding: 194.76m
  • Website: https://www.asia-file.com

Location

  • Asia File Corporation Bhd.
  • Plot 16
  • Kawasan Perindustrian Bayan Lepas
  • Bayan Lepas
  • Pulau Pinang
  • 11900
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASIAFLEKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRApr 1996

Biography

Asia File Corporation Bhd., an investment holding company, engages in the manufacturing and marketing of filing and stationery products in Malaysia. The company offers plastic folders, sheet protectors, fl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 11:04
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.